Insider purchase
According to a Form 4 filed with the Securities and Exchange Commission, Robert Chris Jordan, a director of Investar Holding Corp (NASDAQ: ISTR), acquired 1,550 shares of the company’s common stock on March 12, 2026. The shares were purchased at $26.85 each, producing a total transaction value of $41,617. After the transaction, Jordan holds 58,798 shares directly.
Share performance and valuation context
The purchase comes while the company’s stock has appreciated approximately 60% over the past year and is trading at $26.83. According to InvestingPro analysis cited in company disclosures, the stock is viewed as slightly overvalued relative to its Fair Value. Analysts referenced maintain price targets in a range between $32.50 and $34.
Dividend track record
Investar has raised its dividend for 12 consecutive years, a fact highlighted as one of the investment tips available to InvestingPro subscribers. That dividend history is noted alongside other evaluation points used by subscribers assessing ISTR’s investment potential.
Acquisition completed
In separate corporate activity, Investar Holding Corporation completed its acquisition of Wichita Falls Bancshares, the parent company of First National Bank in Wichita Falls, Texas. The transaction took effect on January 1 and was valued at approximately $112.9 million. Consideration for the deal included $7.2 million in cash plus 3,955,334 shares of Investar common stock. The stock portion of the consideration was calculated using Investar’s closing price of $26.72 per share on December 31, 2025.
Strategic note
The closing of the Wichita Falls Bancshares transaction increases Investar’s geographic footprint. The company and investors may view the completed acquisition as having potential to affect Investar’s future operations and market presence.
Data and documentation
Details of the insider purchase are reflected in the Form 4 filing with the SEC, while terms of the acquisition and the calculation of the stock component are based on Investar’s closing price as of December 31, 2025. The article presents the facts disclosed in those filings and analysis references.